AI model market platform OpenRouter received $40 million in financing, led by a16z and others
2025-06-27 07:48:31
OpenRouter, an AI model marketplace platform, announced the completion of a $40 million seed and Series A round of financing, valuing the company at approximately $500 million. This round of financing was led by Andreessen Horowitz and Menlo Ventures, with participation from Sequoia and several well-known investors in the industry. Funds will be used to develop products, introduce new model types, and expand enterprise support.
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